516 20 Avenue SW, Calgary, Alberta

$5685/ month rental income. Located 50 meters off the busy 4th Street Main Street District, this assembly is made up of 2 municipal addresses with holding income in place. The subject properties are locatedmid-block in the community of Cliff Bungalow on the north side of 20th Avenue SW. Business District, the Main Street Commercial Corridors off 4th Street SW and 17th 5 one bedroom self contained suites. Updated units with excellent tenant profiles. Sold together with 514 and you have over 7000 square feet of M-CD land, intended for Medium Density multi residential development. Located mid-block on 20th avenue which has already undergone re-development. A great opportunity to hold or move forward with a new build. (id:56426)